ISSB Chair Emmanuel Faber: Leading Sustainable Finance Transformation

ISSB Chair Emmanuel Faber: Leading Sustainable Finance Transformation

1 Stunde 1 Minute

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With endorsements from the G20, UN, World Bank, IOSCO, the
⁠International Sustainability Standards Board (ISSB) ⁠stands at the
forefront of standard-setting efforts, shaping the future of
sustainable finance and reporting worldwide. Founded in 2021 at
COP26 in Glasgow, under the stewardship of ⁠Emmanuel Faber as
Chair⁠, the ISSB has become a globally recognized and respected
standard-setter. Within its first two years, the ISSB has issued
the inaugural IFRS Sustainability Disclosure Standards: IFRS S1
General Requirements for Disclosure of Sustainability-related
Financial Information and IFRS S2 Climate-related Disclosures. It
reduced the ‘alphabet soup’ of sustainability disclosures by
incorporating standards and frameworks from the Value Reporting
Foundation, the Climate Disclosure Standards Board, and the Task
Force on Climate-related Financial Disclosures (TCFD) into ISSB
Standards. - It secured endorsement of its Standards by the
International Organization of Securities Commissions (IOSCO) and
published a roadmap for supporting jurisdictional adoption. -
Already, on Finance day at COP28, close to 500 organizations from
64 jurisdictions, representing $120 trillion in assets, have signed
the statement of support. - Global regulatory backing comes from
regulators and standard setters from 40+ jurisdictions, including
ASEAN, EU, Japan, UK, and more. ⁠Emmanuel Faber, a pioneer for
decades⁠ - leading as CEO and Chairman of Danone to become a global
leader in corporate sustainability - was named one of the "World’s
50 Greatest leaders" by Fortune. This background makes him the
perfect fit for the ISSB to revolutionize sustainability reporting.
Key topics include: - The rationale behind new global ISSB
standards - The implementation of a global scanning system for the
company's entire value chain. - The significance of Scope 3. -
Future-proofing businesses. - Up-skilling boards. - The urgency of
addressing climate change. - Aligning corporate practice with ESG
and SDG principles to drive long-term value creation. And more.

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